3119 Scenic Elm StHoustonTX77059
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Houston at 3119 Scenic Elm St, Houston, TX, 77059 priced at $624,900 pairs $4,698/mo rent with $162/mo cash flow after a $3,059/mo payment. Total monthly income equals $4,698/mo, and annual cash flow comes to $1,946/yr on $205,592 invested. Return on cash invested is 21.01% in year one, and rental yield stands at 9.02% on a $624,900 basis. Equity gained on principal adds $4,032/yr, and 5% annual appreciation accumulates to $172,648 by year five. Five-year ROI measures 110.13% and total cumulative return in cash reaches $226,409. For financing, Ziffy Mortgage’s DSCR program evaluates $4,698/mo property income against a $3,059/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1993
10,558 sqft lot
$N/A/sqft
$1,100 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77059, Houston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,752 (100%) |
| Owner Occupied HU | 5,727 (84.8%) |
| Renter Occupied HU | 862 (12.8%) |
| Vacant Housing Units | 163 ( 2.4%) |
| Median Home Value | $390,826 |
| Average Home Value | $433,427 |
Housing Distribution
Address Breakdown
Residential
6,722
Single Family
6,470
Multi-Family
252
Businesses
103
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Listed by: Alan Martin • Orchard Brokerage
Mls Name: HAR
Mls Provider:
Mls ID: #11068320
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